Ryvyl Inc. (RVYL) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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RVYL Revenue Growth
Revenue Breakdown
RVYL's revenue distribution by segment and geography
By Geography
RVYL Revenue Analysis (2013–2024)
As of May 8, 2026, Ryvyl Inc. (RVYL) generated trailing twelve-month (TTM) revenue of $35.4 million, reflecting significant decline in growth of -77.9% year-over-year. The most recent quarter (Q3 2025) recorded $2.8 million in revenue, up 0.1% sequentially.
Looking at the longer-term picture, RVYL's 5-year compound annual growth rate (CAGR) stands at +41.1%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $65.9 million in 2023.
When compared to Technology sector peers including PRTH (+8.3% YoY), USIO (+3.8% YoY), and IIIV (-5.9% YoY), RVYL has underperformed the peer group in terms of revenue growth. Compare RVYL vs PRTH →
RVYL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| RVYLCurrent | $35M | -77.9% | +41.1% | -37.3% | |
 PRTH | $953M | +8.3% | +18.7% | 14.8% | |
 USIO | $85M | +3.8% | +21.5% | -2.6% | |
 IIIV | $213M | -5.9% | +7.3% | 1.9% | |
 FOUR | $4.2B | -4.0% | +40.4% | 8.4% | |
 EVTC | $932M | +9.4% | +12.8% | 20.0% |
RVYL Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $56.0M | -15.0% | $22.4M | 40.0% | $-20,885,000 | -37.3% |
| 2023 | $65.9M | +100.2% | $25.7M | 39.0% | $-12,302,000 | -18.7% |
| 2022 | $32.9M | +25.1% | $16.1M | 49.0% | $-37,838,224 | -115.0% |
| 2021 | $26.3M | +208.6% | $16.2M | 61.7% | $-29,206,094 | -111.0% |
| 2020 | $8.5M | -14.8% | $3.7M | 43.4% | $-5,104,326 | -59.9% |
| 2019 | $10.0M | +998.2% | $-1,088,283 | -10.9% | $-5,611,493 | -56.1% |
| 2018 | $911K | -57.3% | $234K | 25.7% | $6K | 0.7% |
| 2017 | $2.1M | +24.4% | $1.1M | 49.8% | $196K | 9.2% |
| 2016 | $1.7M | -19.1% | $898K | 52.4% | $113K | 6.6% |
| 2015 | $2.1M | -24.0% | $962K | 45.4% | $353K | 16.7% |
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Start ComparisonRVYL — Frequently Asked Questions
Quick answers to the most common questions about buying RVYL stock.
Is RVYL's revenue growth accelerating or slowing?
RVYL revenue declined -77.9% year-over-year, contrasting with the 5-year CAGR of +41.1%. TTM revenue fell to $35M. This reverses the prior growth trend.
What is RVYL's long-term revenue growth rate?
Ryvyl Inc.'s 5-year revenue CAGR of +41.1% reflects the variable expansion pattern. Current YoY growth of -77.9% is below this long-term average.
How is RVYL's revenue distributed by segment?
RVYL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.